8 FISH SUSHI AS: årsregnskap 2020 vs 2019
Slipped into loss
registry 2021-05-10; journal 2021 279560
Summary
What changed
Comparing Årsregnskap 2020 with 2019 for 8 FISH SUSHI AS. Revenue 860.6k NOK → 851.3k NOK (-1.1%). Net result +166.2k NOK → -267.1k NOK. Equity 10.19m NOK → 11 NOK.
On the constructive side: cash rose. Pressures included: revenue fell; operating result weakened; fell into a net loss.
Also worth watching: thin equity buffer; cogs fell; headcount (årsverk) changed. All figures are taken from the published annual accounts for 8 FISH SUSHI AS.
At a glance
Scorecard
What improved
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↑
Cash rose
Bank deposits 192.8k NOK → 350.9k NOK (+82.0% YoY). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 860.6k NOK to 851.3k NOK (-1.1% YoY). Calculated
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↓
Operating result weakened
Operating result +222.0k NOK → -269.3k NOK (op. margin 25.8% → -31.6%). Calculated
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↓
Fell into a net loss
Net result flipped from 166.2k NOK profit to a loss of 267.1k NOK. Calculated
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↓
Equity eroded
Book equity 10.19m NOK → 11 NOK (equity ratio 518.4% → 0.0%). Calculated
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↓
Current ratio dropped below 1×
Current ratio 247.15× → 0.26× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is 0.0% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
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·
COGS fell
COGS / varekostnad 169.3k NOK → 1 195 NOK (-99.3% YoY). Calculated
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·
Headcount (årsverk) changed
Reported FTEs 0.5 → 3. Reported fact